News headlines about Glu Mobile (NASDAQ:GLUU) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Glu Mobile earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.4657282142235 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern’s analysis:
- Wedbush Reiterates “$5.00” Price Target for Glu Mobile (GLUU) (americanbankingnews.com)
- Why Glu Mobile Stock Melted 5% on Friday (finance.yahoo.com)
- Glu Mobile (GLUU) Earns “Buy” Rating from Stifel Nicolaus (americanbankingnews.com)
- Glu Reports Fourth Quarter and Full Year 2017 Financial Results (finance.yahoo.com)
- Glu Mobile (GLUU) Releases Earnings Results, Misses Estimates By $0.23 EPS (americanbankingnews.com)
Shares of Glu Mobile (NASDAQ:GLUU) traded down $0.17 on Friday, reaching $3.25. The company’s stock had a trading volume of 4,765,727 shares, compared to its average volume of 2,541,356. The firm has a market cap of $445.36, a P/E ratio of -4.51 and a beta of 1.61. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.09 and a quick ratio of 1.09. Glu Mobile has a 12 month low of $1.85 and a 12 month high of $4.95.
In other Glu Mobile news, COO Eric R. Ludwig sold 33,000 shares of the stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $3.90, for a total transaction of $128,700.00. Following the sale, the chief operating officer now directly owns 72,000 shares of the company’s stock, valued at approximately $280,800. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.60% of the stock is currently owned by company insiders.
Glu Mobile Company Profile
Glu Mobile Inc develops, publishes and markets a portfolio of mobile games. The Company develops and publishes a portfolio of mobile games designed to appeal to a cross section of the users of smartphones and tablet devices. Its portfolio of mobile games is spread across various genres, including Fashion and Celebrity, Food, Sports and Action, Social Networking and Home.
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